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Message: The Bank of Venezuela recommends the Government to avoid new nationalizations

Re: The Bank of Venezuela recommends the Government to avoid new nationalizations

posted on Jan 25, 2009 10:10AM

I sure would not want to be this "Armed Leon!" I think he may have a different job starting next week as you can bet Mr Chavez will be looking for his head.

I do find it very interesting that some are seeing the impact of extreme socialism and what better place then from the central bank. Sure look after the people but to what cost...

And isn't it interesting to see a disconnect between what is said. Leon says the newly nationalized Sidor will realize a loss and Mr Sanz says they will realize a profit. (And they are not even to close to each other) So who do you believe...and ask yourself who do we believe when it comes to the sound bites surrounding KRY and what is being said? It does cloud ones judgement for sure.

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